Ownership Change: Verso Corporation (NYSE:VRS) director Robert Amen, Unloaded $14,111 in Stock

November 23, 2016 - By Darrin Black

Ownership Change: Verso Corporation (NYSE:VRS) director Robert Amen, Unloaded $14,111 in Stock

Robert Amen Insider Sell

Robert Amen, an insider of Verso Corp, currently director lately disclosed a deal with the U.S. SEC. As exposed in the form, Robert Amen unloaded 2,636 shares of the company, priced at $5.4 per share. $14,111 U.S Dollars was the deal’s value. The SEC document’s date was November 23, 2016. Now, Robert Amen owns 6,957 shares which are exactly 0.02% of the Company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).

Verso Corporation (NYSE:VRS) has risen 6.00% since October 24, 2016 and is uptrending. It has outperformed by 0.67% the S&P500.

According to Zacks Investment Research, “Verso Corporation is engaged in the paper industry. The Company produces coated freesheet, coated ground wood and uncoated super calendered papers and pulp. It serves to magazine and catalog publishers, commercial printers, specialty retail merchandisers and paper merchants. The company operates primarily in Kentucky, Maine, Maryland, Michigan, Minnesota and Wisconsin. Verso Corporation is based in Memphis, United States.”

More notable recent Verso Corporation (NYSE:VRS) news were published by: Prnewswire.com which released: “Verso Corporation Reports Second Quarter 2016 Results” on August 16, 2016, also Prnewswire.com with their article: “Verso Corporation Positions Company for Long-Term Success by Initiating ..” published on January 26, 2016, Prnewswire.com published: “Verso Corporation Reports Third Quarter 2016 Results” on November 14, 2016. More interesting news about Verso Corporation (NYSE:VRS) were released by: Prnewswire.com and their article: “Verso Corporation Reports Third Quarter 2015 Results” published on November 16, 2015 as well as Prnewswire.com‘s news article titled: “Verso Corporation Introduces GlazeGuardâ„¢ Family of Lightweight Oil and Grease ..” with publication date: June 02, 2016.

VRS Company Profile

Verso Corporation, incorporated on June 6, 2006, is a producer of coated papers, which are used in magazines, catalogs, advertising brochures and annual reports, among other media and marketing publications. The Firm operates through two divisions: paper and pulp. The paper segment includes paper products, which are used in media and marketing applications, including catalogs, magazines and commercial printing applications, such as advertising brochures, annual reports and direct-mail advertising. The pulp segment includes pulp products, which are used to manufacture printing, writing, and specialty paper grades and tissue products. The Firm produces a range of products, ranging from coated freesheet and coated groundwood to inkjet and digital paper, supercalendered papers and uncoated freesheet. It also produces and sells market kraft pulp, which is used to manufacture printing and writing paper grades, and tissue products.

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